Market Overview:

The Europe offshore support vessels market is expected to exhibit steady growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Offshore support vessels are utilized for transporting goods, equipment and different supplies during subsea exploration and construction activities. They assist in locating and inspecting oil and gas-bearing areas, positioning and towing rigs/platforms, and offering maintenance facilities. They comprise platform supply vessels (PSVs), seismic survey ships, crane and pipe laying vessels and diving support. They rely on sturdy small-sized boats that can respond to emergencies at offshore installations and provide transportation, platform support and anchor management services.

The market in Europe is mainly driven by the adoption of numerous clean energy initiatives, close national borders, and significant hydrocarbon reserves. Besides this, the increasing focus on investing in oil and gas exploration and development activities to determine the potential in deepwater reservoirs is positively influencing the offshore support vessels market across the region. Apart from this, the growing offshore wind activities are resulting in the rising construction, maintenance, operation, and other activities. This, in turn, is strengthening the growth of the market in the region. However, the market is negatively impacted on account of the declining demand for goods and the ongoing coronavirus disease (COVID-19) pandemic worldwide. The market will recover once normalcy is regained after the flexibility in lockdown restrictions are offered across Europe. It is also anticipated to grow due to the rising trend of exploration and development activities.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe offshore support vessels market report, along with forecasts for growth at the country and regional level from 2021-2026. Our report has categorized the market based on type, water depth, fuel, service type and application.

Breakup by Type:

• Anchor Handling Towing Supply Vessel
• Platform Supply Vessel
• Fast Supply Intervention Vessel
• Multi-Purpose Service Vessel
• Others
   

Breakup by Water Depth:

• Shallow Water
• Deepwater
   

Breakup by Fuel:

• Fuel Oil
• LNG
   

Breakup by Service Type:

• Technical Services
• Inspection & Survey
• Crew Management
• Logistics & Cargo Management
• Anchor Handling & Seismic Support
• Others
   

Breakup by Application:

• Oil and Gas Applications
• Offshore Applications
   

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe offshore support vessels market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe offshore support vessels market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the water depth?
• What is the breakup of the market based on the fuel?
• What is the breakup of the market based on the service type?
• What is the breakup of the market based on the application?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe offshore support vessels market and who are the key players?
• What is the degree of competition in the industry?